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What Do Chevron’s Institutional Holdings Suggest?

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Chevron’s institutional holdings

Chevron’s (CVX) institutional holdings currently stand at ~70%. The level of these holdings shows the confidence level, or sentiment, that sophisticated market participants like institutions have in the stock. Everything else being equal, higher institutional holdings typically indicate favorable opinion about a stock.

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Peers’ institutional holdings

Chevron’s peers ExxonMobil (XOM), BP (BP), and Royal Dutch Shell (RDS.A) have institutional holdings standing at ~55%, ~14%, and ~17%, respectively. At ~81%, Suncor’s (SU) institutional holdings are the highest among the integrated energy stocks we’ve discussed.

The Vanguard High Dividend Yield ETF (VYM) has ~11% exposure to energy sector stocks.

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